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Violation Of FAME-II Norms: Govt begins probe into imports of components by EV manufacturers

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Content Team
Image Credit: economic times

After tightening regulations around claiming subsidies under the FAME-II scheme, the Centre has now reportedly initiated a probe into the import of components by two-wheeler EV manufacturers and is exploring legal options to recover the wrongly claimed subsidies. The development comes at a time when the government has stopped disbursing the subsidies to EV players like Hero Electric and Okinawa Autotech for flouting FAME--II norms.